| NEWS RELEASE
FedDev Ontario investment for Toronto Business Development Centre to launch new export-support program. August 10, 2026 |
| Hamilton, Ontario – Canadian steel is helping build the future of this country. When Canadian steel succeeds, Canada succeeds, and that’s why bold new action is being taken to strengthen the movement of Canadian steel within domestic markets.
As Canada works to build a stronger, more self-reliant economy, creating new opportunities for Canadian steel producers to reach customers across the country is more important than ever. Reducing transportation costs can help Canadian businesses succeed, reach new domestic markets and get more Canadian steel to the projects that need it. Today, the Honourable Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons, announced the launch of a $100 million rebate program for the interprovincial transportation of eligible steel products by rail and marine. The Commodities Sectoral Support Program, which launches on August 10, 2026, will rebate 50 per cent of eligible rail or marine transportation costs for Canadian steel moving between provinces and territories for up to one year, or until funds are exhausted. Additionally, the Government of Canada is advancing support for the forest sector, informed by ongoing engagement with industry. This is part of the Government of Canada’s broader work to strengthen interprovincial trade, reinforce Canadian supply chains and build a more resilient economy. By making it easier and more cost-effective to move Canadian products within Canada, the government is helping Canadian businesses compete, grow and create opportunities here at home. Shippers can access the rebate portal at: https://tc.canada.ca/en/programs/commodities-sectoral-support-program. |
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ContactsMarie-Justine Torres Media relations |
CANADA NEWS RELEASE: Government of Canada Strengthens Canada’s Steel Industry Through Stronger Interprovincial Trade
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